CML Microsystems’ (CML) House Stock Rating Reiterated at Shore Capital Group

Shore Capital Group reissued their house stock rating on shares of CML Microsystems (LON:CML) in a report published on Wednesday,London Stock Exchange reports. Shore Capital Group currently has a GBX 223 price target on the stock.

CML Microsystems Price Performance

Shares of LON CML opened at GBX 220 on Wednesday. The firm has a market cap of £36.53 million, a P/E ratio of 30.94 and a beta of 0.07. CML Microsystems has a twelve month low of GBX 194 and a twelve month high of GBX 350. The company has a quick ratio of 6.38, a current ratio of 3.33 and a debt-to-equity ratio of 4.04. The company has a 50 day moving average of GBX 234.55 and a 200 day moving average of GBX 269.76.

CML Microsystems Company Profile

CML develops mixed-signal, RF and microwave semiconductors for global communications markets. The Group utilises a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia and USA. CML targets sub-segments within Communication markets with strong growth profiles and high barriers to entry. It has secured a diverse, blue chip customer base, including some of the world’s leading commercial and industrial product manufacturers.

The spread of its customers and diversity of the product range largely protects the business from the cyclicality usually associated with the semiconductor industry.